John R. Conway: I remember when they said to buy Walter energy (WLT) when it was around 60!! now it just keeps heading lower

C Michael Croston: It's CNBC, it must be true!!! (Fact is, Herb Greenberg continued to beat a shorted stock)

John R. Conway: Once the negative news finally goes away the could be a speculation buy, but this will take time- stock still holding up

C Michael Croston: Look at the daily MACD over the month. It's a great trade, if you stay nimble.